After about a year at the head of the Signa Prime, the Hewig Teufelsdorfer board will leave the company. He would have had a three -year contract due to the bankruptcy procedure, he ended his work at the end of May. From the point of view of creditor, the successes of Teufelsdorfer were “manageable”.
The trust plan for Signa Prime Selection (SPS) was finally failed in October after the Vienna Higher Regional Court had destroyed the renovation plan at the end of July.
“Last reduced area of responsibility”
Teufelsdorfer, a studied industrial engineer for mechanical engineering at Graz University of Technology, had taken the lead at Signna Prime last April and should have stayed for three years. Now it was said in a broadcast about the “decision in mutual agreement” that “due to the amendment of the bankruptcy procedure procedure on 31 October 2024, the earlier exploitation of the property or the structured recycling process of the remaining property portfolio […] The real estate management areas of the board in the event of bankruptcy processing “recently reduced”.
Before that, the Native Salzburg and the former board of the Buwog worked as a member of the SIMO Board of Directors in Vienna and for this in various management positions in real estate companies at home and abroad.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
